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HomeMy WebLinkAbout09220RESOLUTION NO. 9220 A RESOLUTION TRANSFERRING FUNDS FOR THE ACQUISITION OF REAL PROPERTY (215 N. VICTORIA AVENUE) FOR THE EL PUEBLO PROJECT WHEREAS, the City Council by Resolution No. 8412 authorized the acquisition of the following described real property for the El Pueblo Project: The East 22 feet of Lot 8, all of Lots 9 and 10, Block 43, Pueblo, and Lots 8 to 12, Block 58, Hobson's Subdivision according to the recorded plats thereof; Street Address: 215 North Victoria Avenue, Pueblo, Colorado (the "Property "). WHEREAS, pursuant to Resolution No. 8412, the City Attorney has been authorized and empowered to institute condemnation proceedings in the name of the City for the acquisition of the property through the exercise of the City's power of eminent domain. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 Funds in the amount of $600,000 for the acquisition and demolition of the Property and expenses associated therewith including relocation expenses are hereby transferred and shall be paid from general fund previous year unexpended fund balance. INTRODUCED: February 12, 2001 ATTEST: 4 Citlerlk By Corinne Koehler Councilperson